Economy questions from UPSC 2016

Question 1 · International Organizations

In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?

Question 2 · Monetary Policy

What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? 1. These guidelines help improve the transparency in the methodology followed by...

Question 3 · Public Finance

There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit? 1. Reducing revenue expenditure 2. Int...

Question 4 · Public Finance

Which of the following is/are included in the capital budget of the Government of India? 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from...

Question 5 · International Organizations

Consider the following statements : 1. New Development Bank has been set up by APEC. 2. The headquarters of New Development Bank is in Shanghai. Which of the statements given above is/are co...

Question 6 · International Relations

The term 'Regional Comprehensive Economic Partnership' often appears in the news in the context of the affairs of a group of countries known as

Question 7 · Government Schemes

What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy 2. To pr...

Question 8 · Government Schemes (Agriculture)

With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements : 1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cu...

Question 9 · Government Schemes

Pradhan Mantri MUDRA Yojana is aimed at

Question 10 · International Reports and Indices

India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?

Question 11 · Financial Sector Reforms

With reference to 'Financial Stability and Development Council', consider the following statements : 1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It mon...

Question 12 · Banking Technology

The term 'Core Banking Solutions' is sometimes seen in the news. Which of the following statements best describes/describe this term? 1. It is a networking of a bank's branches which enables...

Question 13 · International Organizations & Finance

Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?

Question 14 · International Finance

With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is a...

Question 15 · Balance of Payments

Which of the following best describes the term 'import cover', sometimes seen in the news?

Question 16 · International Organizations

'European Stability Mechanism', sometimes seen in the news, is an

Question 17 · Governance (Local) & Mining

What is/are the purpose/purposes of 'District Mineral Foundations' in India? 1. Promoting mineral exploration activities in mineral-rich districts 2. Protecting the interests of the persons...

Question 18 · Government Schemes

Regarding 'Atal Pension Yojana', which of the following statements is/are correct? 1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers. 2. Only one mem...

Question 19 · International Organizations

'Global Financial Stability Report' is prepared by the

Question 20 · Banking & Financial Institutions

The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? 1. Mobile telephone companies...

Question 21 · Government Schemes (Entrepreneurship)

With reference to 'Stand Up India Scheme', which of the following statements is/are correct? 1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs. 2. It provides...

Question 22 · Government Schemes (Agriculture & Nutrition)

With reference to 'Initiative for Nutritional Security through Intensive Millets Promotion', which of the following statements is/are correct? 1. This initiative aims to demonstrate the impr...

Question 23 · International Organizations

With reference to the 'International Monetary and Financial Committee (IMFC)', consider the following statements : 1. IMFC discusses matters of concern affecting the global economy, and advi...

Question 24 · International Taxation

The term 'Base Erosion and Profit Shifting' is sometimes seen in the news in the context of

Question 25 · Government Schemes & Initiatives

Which one of the following is a purpose of 'UDAY', a scheme of the Government?